Merck & Co. in Whitehouse Station announced on June 10 that it has paid $3.85 billion to acquire Idenix Pharmaceuticals in Cambridge, Mass. Teams from New York City-based Hughes, Hubbard, & Reed and Sullivan & Cromwell are representing Merck and Idenix, respectively.
NRG Buys Alta Wind for $870M
Princeton’s NRG Energy announced on June 4 that its subsidiary, NRG Yield, has acquired the Alta Wind Energy Center in Tehachapi, Calif., from fellow energy utility Terra-Gen Power in New York City, for about $870 million.